Sri Lanka benefits from a debt repayment sustainability plan, gaining an advantage of USD 17Bn.

Minister of Foreign Affairs and President’s Counsel Ali Sabri, stated that the successful debt sustainability process with bilateral creditors will provide Sri Lanka with an advantage of approximately US $ 17 billion.

The minister also stated that this situation will facilitate successful negotiations regarding international sovereign debts.

Minister of Foreign Affairs Ali Sabry revealed this addressing the Media briefing today (28) at the Presidential Media Centre (PMC) under the theme “Collective Path to a Stable Country.”

The Minister further commented,

“On April 12, 2022, Sri Lanka decided to temporarily suspend the ...